Latest News of WFC
Wells Fargo & Co (WFC) Q3 2024 Earnings Call Highlights: Strong Net Income Amid Economic ...
In 2024, Wells Fargo forecasts non-interest expenses at around $54 billion. Highlights from the earnings call include factors influencing net interest income, loan demand outlook, expense management s...
Wells Fargo (WFC) Q3 2024 Earnings Call Transcript
During the Wells Fargo Q3 2024 earnings call, they discussed solid results, risk management, strategic investments, and focus on credit quality. They mentioned challenges in commercial real estate and...
PPI Inflation Flat for September; JPM and WFC Beat on Q3 Earnings
Stock futures are mixed as markets prepare for the final trading day of the week. Major indexes are up, except for the Russell 2000. The Producer Price Index for September shows stable inflation level...
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Here's What Key Metrics Tell Us About Wells Fargo (WFC) Q3 Earnings
By Yahoo! Finance | 2 days agoWells Fargo's Q3 2024 revenue was $20.37 billion, down 2.4% from the previous year, with an EPS of $1.52 compared to $1.39. The company slightly missed revenue estimates but surpassed EPS expectations...
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Wells Fargo (WFC) Q3 Earnings Beat Estimates
By Yahoo! Finance | 2 days agoWells Fargo exceeded earnings expectations with $1.52 per share, showing a 19.69% surprise. The company posted revenues of $20.37 billion, slightly below estimates. Its stock performance is closely li...
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Where Food Comes From Inc (WFCF) Q2 2024 Earnings Call Highlights: Revenue Growth Amidst Challenges
By Yahoo! Finance | 3 days agoIn a six-month share buyback, 149,419 shares were repurchased, with 69,218 shares under the ongoing program. The impact of USDA's RFID tag mandate on business was addressed in the earnings call, discu...
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Wells Fargo & Company (WFC): Cramer Thinks Banks Represent The Least Expensive Group
By Yahoo! Finance | 5 days agoAn article discusses Jim Cramer's insights on market events like job growth and Federal Reserve actions, highlighting Wells Fargo's position in the financial sector. It details the company's segments,...
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Is Wells Fargo & Co. (WFC) the Most Undervalued Large Cap Stock to Invest In Now?
By Yahoo! Finance | 1 week agoThe article discusses the undervalued large-cap stock picks, including Wells Fargo & Co. It highlights market trends, protective strategies, and insights from investment strategists like Liz Young Tho...
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Earnings Preview: Wells Fargo (WFC) Q3 Earnings Expected to Decline
By Yahoo! Finance | 1 week agoWall Street predicts a decline in Wells Fargo's earnings for the quarter ended September 2024. The stock's movement post-earnings will depend on results compared to estimates. Analysts suggest conside...
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Wells Fargo (WFC) Declines More Than Market: Some Information for Investors
By Yahoo! Finance | 1 week agoWells Fargo closed at $54.98, down 0.58%, underperforming the S&P 500, Dow, and Nasdaq. Anticipated EPS of $1.27 and revenue of $20.38 billion, with a Zacks Rank of #3....
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Is Most-Watched Stock Wells Fargo & Company (WFC) Worth Betting on Now?
By Yahoo! Finance | 1 week agoWells Fargo is under scrutiny due to recent stock performance. Zacks emphasizes the impact of earnings projections on stock value. Wells Fargo's current estimates and Zacks Rank suggest a hold. Revenu...
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Wells Fargo (WFC) Soars 5.2%: Is Further Upside Left in the Stock?
By Yahoo! Finance | 2 weeks agoWells Fargo shares surged 5.2% due to progress in escaping a Fed restriction. The bank aims to post $1.28 EPS, down 7.9% YoY, with revenue of $20.4 billion. Positive earnings estimate revisions may le...
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WFC Stock Up 5.2% on Submission of Review to Fed for Lifting Asset Cap
By Yahoo! Finance | 2 weeks agoWells Fargo submitted a third-party review of its risk and control changes to the Federal Reserve to lift the asset cap imposed since 2018. Despite ongoing challenges, progress offers hope for investo...
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WFC Faces Lawsuit Over Interest Rates on Cash Sweep Accounts
By Yahoo! Finance | 2 weeks agoWells Fargo is facing a class-action lawsuit for allegedly underpaying interest to clients in its cash sweep program. The lawsuit claims the bank profited from clients' uninvested cash while paying mi...
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Wells Fargo & Company (WFC): An Undervalued Wide Moat Stock to Buy According to Analysts
By Yahoo! Finance | 2 weeks agoA list of undervalued wide moat stocks includes Wells Fargo & Company (NYSE:WFC), showing potential due to its economic moat and strategic investments. Analysts and market experts foresee positive gro...